Stability under learning of equilibria in financial markets with supply information

Economics Bulletin

Volumn 30, Issue 1, 2010, Pages 383-391

  Heinemann, Maik ^a  

^a LEUPHANA UNIVERSITY OF LÜNEBURG   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77953549576     PISSN: None     EISSN: 15452921     Source Type: Journal    
DOI: None     Document Type: Article

References (10)

1. Desgranges, G. and M. Heinemann (2003) "Strongly rational expectations equilibria with endogenous acquisition of information", mimeo.
2. Diamond, P. and R. Verrecchia (1981) "Information aggregation in a noisy rational expec-tations model" Journal of Financial Economics 9, 221-235.
3. Evans, G.W. and S. Honkapohja (2001) Learning and Expectations in Macroeconomics, Princeton University Press: New York.
4. Ganguli, J. and L. Yang (2009) "Complementarities, multiplicity, and supply information" Journal of the European Economic Association 7, 90-115.
5. Grossman, S.J. and J. Stiglitz (1980) "On the impossibility of informationally efficient markets" American Economic Review 70, 393-408.
6. Guesnerie, R. (2002) "Anchoring economic predictions in common knowledge" Econo-metrica 70, 439-480.
7. Heinemann, M. (2009) "E-stability and stability of adaptive learning in models with private information" Journal of Economic Dynamics and Control 33, 2001-2014.
8. Marcet, A. and T.J. Sargent (1988) "The fate of systems with 'adaptive' expectations" American Economic Association - Papers and Proceedings 78, 168-172.
9. Verrecchia, R. (1982) "Information acquisition in a noisy rational expectations economy" Econometrica, 50, 1415-1430.
10. Vives, X. (1993) "How fast do rational agents learn?" Review of Economic Studies 60, 329-347